MIDDLE EAST AND AFRICA AMNIOTIC MEMBRANE MARKET 2022-2028
MARKET OUTLOOK
Triton Market Research’s report insinuates that the amniotic membrane market in the Middle East and Africa is deemed to advance in value at a compound annual growth rate of 6.64% during the forecast years 2022-2028. Saudi Arabia, South Africa, the UAE, Turkey, and Rest of Middle East & Africa shape the market in the considered region.
Saudi Arabia has observed a surge in amniotic membrane use in treating numerous conditions, such as corneal ulcers. Moreover, the amniotic membrane helps differentiate stromal fibroblasts, promoting epithelial cell migration and adhesion. In this regard, they also support the growth of epithelial progenitor cells by prolonging their life span, preventing inflammatory cytokines that emerge from the ocular surface epithelium. Besides this, amniotic membrane use due to its healing properties increases its use in wound management and corneal ulcers. The country has witnessed a high success rate in treating numerous conditions using amniotic membrane, thereby supporting the amniotic membrane market’s growth.
In Turkey, the application of amniotic membrane in Stevens - Johnson syndrome (SJS) has surged over the years. The syndrome is a systemic disease with extensive and severe mucosal involvement that can be fatal if not treated. In this regard, ocular movement can be missing in the early stages, leading to permanent corneal blindness. Amniotic membrane transplantation emerges as a promising method in treating acute stages of SJS, owing to its low immunogenic, anti-inflammatory, and anti-microbial properties. These factors are expected to fuel the amniotic membrane market’s progression within the nation.
COMPETITIVE OUTLOOK
The renowned companies in the amniotic membrane market include Bio Tissue Inc, Human Regenerative Technologies, Smith and Nephew Plc, Organogenesis, Katena Products Inc, and Amino Technology LLC.
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